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SPY bullish

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
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AMEX:SPY   SPDR S&P 500 ETF TRUST
Pitchforks SPDR S&P 500 ETF (SPY) sp500index S&P 500 (SPX500) usmarkets usmarket
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pitchfork spy sp500index spx500 usmarkets usmarket
SPY reached the lower pitchfork line (set to Fibonacci level 1.5) a few bars ago and it's likely to bunce back up.
Comentário:
Next business day (Monday March 14) SPY went down to the red line (low right below the line and closed right above the line) after which (yesterday and today) it bounced up as I expected.
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